Utah
West Valley City
1871 W LAKE PARK DR

$874,999

1871 W LAKE PARK DR, West Valley City, UT 84119

8 beds |
4 baths |
3,374 sqft

Multi-Family Home
Built in 1974
7,841sqft lot
—— car garage
$259/sqft
Listed 4 months ago

Property Description

Turnkey Fourplex Opportunity in West Valley Long-Term Tenants + Value-Add Upside. This fourplex in the heart of West Valley offers stable cash flow and room to grow. With most tenants in place for over six years, you'll benefit from reliable, long-term occupancy right out of the gate. The current owner has taken a conservative approach with modest rent increases over time-leaving $200$300/month per unit in potential upside for the next owner. One unit is already leased at market rate, two are on month-to-month, and one has recently renewed, giving you flexibility to reposition rents as leases turn over.. **Please respect the privacy of tenants - do not disturb.**

Listing Status:: Active
Date Added:: March 24, 2025 at 06:00AM
Listing Office:: Knowlton Real Estate : 801-999-0497
Listing Agent:: Ali Garbero : 801-999-0497
MLS ID:: 2073164

Flooring: CarpetTile
Heating: Forced AirGas: Central

This listing courtesy of Ali Garbero, Knowlton Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Redwood Elementary School

2650 S Redwood Rd, West Valley City, UT, 84119

Grades KG-5

0.17 miles away

Granite Park Junior High School

3031 S 200 E, South Salt Lake, UT, 84115

Grades 6-8

3.09 miles away

Granger High School

3690 S 3600 W, West Valley City, UT, 84119

Grades 9-12

2.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.